GFM Network News


Animal pharma firm Merial formally joins Boehringer

Global pharma giants Sanofi and Boehringer Ingelheim have formally sealed their deal to merge Sanofi’s global animal health business, Merial, into Boehringer’s. The two companies last week announced their deal has “successfully closed in most markets” as of Jan. 1. Paris-based Sanofi will get Boehringer’s global consumer health care business plus 4.7 billion euros (C$6.6 […] Read more

Bayer to consider shedding animal health unit

Leverkusen, Germany | Reuters –– Bayer might look into selling its animal health division if it continues to struggle to find takeover targets for the business, the German drugmaker’s incoming chief executive said. “Animal Health is a business that we have been trying for many years to strengthen strategically, that is to say inorganically. That […] Read more